PPP Loan information for Magnasoft technologies inc

$151,100

Magnasoft technologies inc was initially approved for PPP Loan of amount $151,100, the current approved amount is $151,100. The loan was approved on 05/02/2020 by The Loan Source Incorporated reported 8 jobs and $151,100 was used to fund payroll.

Magnasoft technologies inc is Existing or more than 2 years old

PPP Loan Search / CT / STAMFORD / Magnasoft technologies inc

MAGNASOFT TECHNOLOGIES INC

Date Approved

05/02/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MAGNASOFT TECHNOLOGIES INC

Borrower Address

59 COURTLAND AVENUE 1W

Borrower City

STAMFORD

Borrower State

CT

Borrower Zip

06902

Loan Status Date

06/15/2020

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

151100.00

Current Approval Amount

151100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STAMFORD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06902-0001

CD

CT-04

Jobs Reported

8

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;